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Updated about 8 years ago,

User Stats

44
Posts
6
Votes
Bradley Pietrzak
  • Minneapolis, MN
6
Votes |
44
Posts

Creative financing questions and concerns and methods

Bradley Pietrzak
  • Minneapolis, MN
Posted

ok here is the dealio I found a property that matches the 2 percent rule pretty much on spot its my first rental I want to try and go no money down if I can to really push myself so I can start going ham sauce on real estate. I have a good credit 750 I believe could I pay someone through PayPal the money for the down payment with my credit card and in exchange they give me cash for it seen the cash advance my bank is willing to give me isn't high enough is this a good idea I have a va loan but I want to exclude that for a multi family to house hack plus I'd rather not live in it for a year to pay it down to refi once is what I want to do even legal? Thanks bigger pockets your the best if you guys have any other alternatives let my know I make about 56 before taxes currently and live with family so if that alone opens up any avenues for creative financing I would love to know. Thanks so much

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